Data expected show economy is moving toward recovery

From the Conference Board today:

Inquiring minds are digging into the touted numbers of the day, the conference board index of leading indicators. Sovereign Debt Table 10-Year Bonds

All Things Forex submits: The main measure of U.S. economic activity and growth, coupled with consumer and housing market reports from the world’s largest economy, will take the center stage in the busy week ahead. In preparation for the new trading week, here is the outlook for the Top 10 spotlight economic events that will move the markets around the globe. 1.

By Mark J. Perry: According to reports this week from the Philadelphia Federal Reserve:

John Nyaradi submits:Market internals continued to strengthen on Thursday in spite of the rise in jobless claims, weaker manufacturing, a tepid earnings report from Federal Express and ongoing weakness in the housing market.Jobless claims rose 12,000, contrary to expected continued declines, while the Philly Fed manufacturing report took a steep drop from 21 to 8. On the positive side of the ledger, leading economic indicators were up 0.4%. Federal Express missed analyst

George Osborne will be handed an encouraging assessment of the state of the economy on Tuesday as a survey of businesses predicts that Britain will avoid a triple-dip recession, reports The Guardian.

LONDON/BEIJING — European manufacturing appeared no closer to recovery last month while growth in Asia cooled, according to business surveys and trade data on Friday that pointed to ongoing weakness in global demand. Purchasing managers’ reports from the United States due later, however, are expected to show growth picking up in the world’s largest economy, after a weak fourth quarter. In China, factory growth slowed to multi-month lows. Sluggish domestic demand added pressure to already depressed foreign sales, two separate purchasing manager indexes (PMI) showed.

Here are some macro indicators for the Wisconsin macroeconomy. In sum, civilian employment is rising (to essentially 2011M01 levels), but nonfarm payroll employment is declining; private sector employment (ex-farm) is flat, while government employment is declining; and leading indicators are pointing to a downturn.